Recovered Costs definition

Recovered Costs means any amounts referred to in clauses (d) and/or (e) of the definition of “Defaulted Mortgage Loan Purchase Price” that, at the time of determination, had been previously paid or reimbursed to any Servicer from sources other than collections on or in respect of the Mortgage Loan or the Mortgaged Property (including, without limitation, from collections on or in respect of loans other than the Mortgage Loan).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Recovered Costs means Liquidation Fees, Workout Fees, Special Servicing Fees or interest on Advances or similar amounts previously paid by the Master Servicer from the Collection Account to the extent reimbursed by or on behalf of the Mortgage Loan Borrower pursuant to the Mortgage Loan Documents.

Recovered Costs means all amounts paid or payable to you or us, or any person on their behalf, by the Defendant (or any related party) on account of:

Examples of Recovered Costs in a sentence

If the Owner or any entity on behalf of the Owner receives any Recovered Costs that are not deposited in the Special Fund, the amount so received shall be automatically credited to and reduce the Reimbursement Obligation as if paid from the Special Fund.
Eligible Costs shall not include (a) any costs of designing or constructing any improvements other than the Eligible Public Improvements; (b) the Recovered Costs that are not deposited in the Special Fund to the extent the Owner receives the benefits of such Recovered Costs; (c) any sales or use taxes paid by the Owner or any contractor or subcontractor of the Owner; or (d) the cost or value of any land dedications or rights of way required by the City or any other public body, utility, or third party.
The Owner shall deliver to the Authority copies of all of the documentation in its possession or in possession of its agents and engineers related to its right to receive such Recovered Costs.
Attached is the current County of ▇▇▇▇▇ Master Schedule of Fees, Charges, and Recovered Costs for Sheriff.
All orders and filings not specified in the County of ▇▇▇▇▇ Master Schedule of Fees, Charges, and Recovered Costs, will be charged at a rate of $40.00.

More Definitions of Recovered Costs

Recovered Costs means any unreimbursed property protection or servicing Advances and any expenses incurred in enforcing the Mortgage Loan Documents (including, without limitation, servicing Advances payable or reimbursable to any Servicer, and earned and unpaid special servicing fees) and any accrued and unpaid Advance Interest Amount that, at the time of determination, had been previously paid or reimbursed to any Servicer from sources other than collections on or in respect of the Mortgage Loan or the Mortgaged Property (including, without limitation, from collections on or in respect of loans other than the Mortgage Loan).

Recovered Costs means all amounts paid or payable to the Client or the Firm, or any person on their behalf, by the Opponent (or any related party) on account of:

Recovered Costs. All amounts paid or payable to you or us, or any person on your or our behalf, by the Defendant (or any related party) on account of:

Recovered Costs means all amounts paid or payable to You or Us, or any person on Your/Our behalf, by the Company (or any related party) on account of Our Charges, Counsel Fees and/or Expenses. Or, if a Settlement is agreed that does not allocate for or consider the above, an amount equal to an order for Recovered Costs that a Court might reasonably have been expected to make in the Claim. This amount will be determined by Counsel, acting reasonably, or by an experienced costs lawyer agreed between Us and the Company.

Recovered Costs means any amounts paid to the Owner by any third party as a condition of connecting to, using, or gaining access to the Eligible Public Improvements, or any portion thereof but not including any of the Additional Revenue as defined herein.

Recovered Costs has the meaning given to it in Paragraph 4.1B (Disallowable Costs) of Part 2A (Allowable and Disallowable Costs) of Schedule 6 (Finance);

Recovered Costs means all amounts paid or payable to you or us, or

Filter & Search

Related Definitions